The Bilateral Netting of Qualified Financial Contracts Act, 2020

Administered Ministry: Ministry of Finance / Department of Economic Affairs

2 schedules
Schedule
First Schedule THE FIRST SCHEDULE
THE FIRST SCHEDULE

[See sections 2(1) (c), (p) and 9(1)]

Sl. No Name of the authority Act No.

(1) (2) (3)

1. The Reserve Bank of India, established under section 3 of the

Reserve Bank of India Act, 1934.

2 of 1934.

2. The Securities and Exchange Board of India, established under

section 3 of the Securities and Exchange Board of India Act,

1992.

15 of 1992.

3. The Insurance Regulatory and Development Authority of

India, established under section 3 of the Insurance Regulatory

and Development Authority Act, 1999.

41 of 1999.

4. The Pension Fund Regulatory and Development Authority,

established under section 3 of the Pension Fund Regulatory

and Development Authority Act, 2013.

23 of 2013.

5. The International Financial Services Centres Authority

established under section 4 of the International Financial

Services Centres Authority Act, 2019.

50 of 2019.
Second Schedule THE SECOND SCHEDULE
THE SECOND SCHEDULE

[See sections 6(4) and 9(1)]

Sl. No Name of the enactment Act No

(1) (2) (3)

1. The Reserve Bank of India Act, 1934. 2 of 1934.

2. The Insurance Act, 1938. 4 of 1938.

3. The Banking Regulation Act, 1949. 10 of 1949.

4. The State Bank of India Act, 1955. 23 of 1955.

5. The Securities Contracts (Regulation) Act, 1956. 42 of 1956.

6. The Banking Companies (Acquisition and Transfer of

Undertakings) Act, 1970.

5 of 1970.

7. The Regional Rural Bank Act, 1976. 21 of 1976.

8. The Banking Companies (Acquisition and Transfer of

Undertakings) Act, 1980.

40 of 1980.

9. The Securities and Exchange Board of India Act, 1992. 15 of 1992.

10. The Foreign Exchange Management Act, 1999. 42 of 1999.

11. The Insurance Regulatory and Development Authority Act,

1999.

41 of 1999.

12. The Payment and Settlement Systems Act, 2007. 51 of 2007.

13. The Companies Act, 2013. 18 of 2013.

14. The Pension Fund Regulatory and Development Authority 23

of 2013 Act, 2013.

23 of 2013.

15. The Insolvency and Bankruptcy Code, 2016. 31 of 2016.